Registered number: 14949579 Charfty numbgr: 1204087 BARNSLEY YOUTH ZONE (A company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025
BARNSLEY YOWH ZONE (A company Ilmltod by guaranlee CONTENTS P4e Referonce and admlnlstratlve detalls of the Companyp Its TTU$t¢68 and advlsers Trustees. report Indgpendent audltorfs rnport on th• flnanclal stalem•nts Statement of Ilnanclal actlvltl68 8-11 12 Balance sheet 13-14 Notes to thè financial statements 15-29
BARNSLEY yOH ZONE IA MpanY Ilmlted by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE PERIOD ENDED 31 MARCH 2025 Trustee$ D Barton T Cave B Eldred {appcinled 5 Septembgr 2024} Lang lappointed S September 2024} B McFeely lappoinled 14 Novemb8r 2024) J Sandfrrson lappointed 14 November 20241 M Stephens (appointed S September 2024} V Haworth (resigned 18 December 20241 H Jagger lappointed 4 September 20251 Company rogisternd numbgr 14949579 Charlty reglstsred nUmr 1204087 Rogistorod offic• Base71 Youth Zone 31 Schwabisch Way Barnsley South Yorkshire S7110S Independent audltor Crowe U.K. LLP 3rd floor St Georges Hou¥e, 56 Potgr St, Manchester M2 3NQ Page 1
BARNSLEY YOUTH ZONE (A cornpany limited by 9uarnnla•) TRUSTEES. REPORT FOR THE PERIOD ENDED 31 MARCH 2025 The Trustees present their annual report together with the audited financial slalom&nts of the Bamsley Youth Zone (tho 'Youth Zon8"I for the perrod 1 Juty 2024 to 31 March 2025. The Annual report serve¥ the purpose8 of both a Trustees, report and a directors. report under company law. The Tru$l¢es confirm that the Annual roport and financial statements of the charitable company compty th th8 current slalutory requirements, the r8quir8menls of the charitable companys governing document and the provisn5 of the Statement of RQMMended Practice {SORPI applicab to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 leffectwe 1 January 20191. Slnce the Company qualifies as smal under sertion 382 of the Companies Act 2006. the Stregic report required of medium and large companies under Compantes Act 2006 (Strategic Report and Directors, R8portl Regulationg 2013 has been omitted. The Trustees, who are also Directors of the company. Present their Directors, report for the PU$¢$ of section 417 ofthe Companies Act 2006 and Trusloes. Annual Report for the purposes of section 162 of the Charities Act 2011 together with the Financial Statements of the Charity for the period ending 31 M8r¢h 2025. Barnsley Youth Zone Ltd was incorporated 21 June 2023 Iccthpany registration number 14949579} as company limited by guarantee and registered as a Charity on 25 Juty 2023 (Charity registration number 12040871. Whowe are Barnsley Youlh Zone is a purp08e built faclllty for the town's young peopl8 aged 8-19. and up to 25 for those wth additional need$. Thg Youth Zone is located on Schwabisch Gmund Way, at the Eastern Gateway lo the town ¢entre. The YouU7 Zone sits alongside the wider town centre regeneration plan, which has seen the development of a new urban precinct incory)oraling cutture and heritage venues, community spaces and connected places. Barnsley Youth Zone will jgin a nefvrk of similar independent U¢h organi5aliorhS th all share the 88me principles. devekjped by the Charity Onside Youth Zones, which is building 21st contury yOLrth faciltiies acros$ thg UK. Youth Zone$ are based upon a proven model. which has been established in several other towns and cities across the county, and young peop from Bamsley will have acce55 10 a variety of fanlaslic activities for o cost of only £5 for an annual membership and 50p per $rt. The YoLth Zone will provlde a safe environment, where young people can spend their leisure time, hglping each young person to raise their aspirations, as well as improve their physical and mental heamh. Up to 20 drfferenl activrties will take place each ni9hl. such as fc4)tball, boxing. danting, climbing, creative arts, music, drama and employabilty training- all forjust 50p per wsit. The Onside Youth Zone model uses a unique partnership apFxoach,' (Irawing logelher the Local Authority, private sector businesses. young people and the wider local community. This partnership approach aims to estsblish the Youth Zone right in the heart of the communty for the long tern, whilst meeting the neeils i)f young people loday. An actrve revenue fundraising campaign is w811 und8rway to provide the necessary funds required to operate the Youth Zone for the first three years and we are now in the building and developirvJ our service for young people. The expectations are for an off1 opening taking place in January 2026 when Barnslels young people can then benefft fully from their amazing new Youth Zone. Page 2
BARNSLEY YOUTH ZONE {A company Ilmited by guarantsg) TRUSTEES, REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 MARCH 2025 Structure ¢>vernance and mana ment Gov?mlng document Barnsley YoLth Zone is a company Imited by guarantee without share capital and registered under the Comparbies Act 2006, re9istralion number 14949579. The company is govemed by its Memorandum and Artides of Association dated 21 June 2023. Management of the companys affairs is vested in the co-Directors. 11 is a charity registered with the Charity Ccfflmission on 25 July 2023. In the event of a wnding up, the pre5enl membeis and those who have ceaseil to be a member within one year of such an event have guaranl8ed the liabilities of the eompany lo the sum not exceeding ten pounds each. The directorsnrustees who served during the peiiod are.. D Barttsn T Cave IresKJned 10 September 20251 Eldred (appointed 5 September 20241 Lang {appointgd 5 S?plemb8r 20241 McFaely lappoinled 14 Novèmbar 20241 J Sanderson {appoinled 14 November 2024} Stephens {app¢inled S September 2024. resigned on 4 September 20251 V Haworth (resigned 18 December 2024) H Jagg&r (appointed 4 Septerrt)gr 20251 Recrubtment and appointment of Trusltts IDir8Ctors} The first Directors were the SUbscritre to the memoTandum as notified to Companies House as the first Directots of the Charty. A person appointed as a Director thereupon beccmes a Momber of the Charity and Director who ceases to hold office for any reason thereupon Se8 to bo a Member of the Chanty. Directors have the power to appoint. by ordinary resolution, any person to be a Director who 15 willing lo act as such. New Directors w¢ll be recruited according to the needs of the Charity and the $ust*bilty of possible candidates. A unanimous approval of existing Directors would lead to their appointment. The Memorandum and Article5 of Assoclalion stsles that the number of members IDirgclors) shall have no maximum and shall not be les$ than three. At the first Annual General Meeting all Directors musl retire and seek re4lection. At each subsgqugnt Annual General Meeting one third of the DIS1or¥ are reqUId to retire by rotation and 8e&k re-appointment rf they wish to continue. The Members of the Charty are its Dlrectors for the lkne being a1 the On persons eligible to be Members of the Charity are its DireGtors. Full details of the rubs are contained in the companls Memorandum and Articles of As80ciats'on, dated on incorporation on 21 June 2023, which may be inspected al the Barnsley Youth Zone registered offi. A pay reviv+V wll be conducted annually by the Chief Ex8cutive with a proposal being brought to the Nomination & Remuneration Committee. The CEO remains responsible for the proposal of the Organisation's amployees remuneration with oversight from th8 C<)mmittee. The Committee shall be consulted on the CEO'S proposed total planned aggregate employee costs for the nexi financial year, including the proposed standard annual salary uplift, prior lo the setting ofthe annual budget. A number of scenarios may be presented to the Comm¢ttee which consider economic conditions, individual perfomarKe and the financial $ecunty of the Organisation Oryanlsational structure Barnsl8y Youth Zone is governed by its Trusteg Board which is responsiblg for setting the strategic direction of the organisation and the policy of the Charity. The Trustees carry the ultimate responsibility for the con(tuct of Bamsley Youth Zone and for ensuring that the Chanty satisfies ts le9al and contractual obligations. Trustees Pago 3
BARNSLEY YOLTfH ZONE {A comyny Ilmlted by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE PERIOD ENDED 31 MARCH 2025 meet approximatety 5 times a year and may delegate the imr4ementalion of the decisions or day-to4ay operation of the organisation to senior management, any empl¢)yee of tha Charity, person or committee as they Soe fit Any committee must include at $1 one Trustee. The Twstee Board is independent from manag•mnL Decisions are determined by a simple majority of votes. In the ca8e that th• votes are equal, the Chaimwn of the meeling has the ts'ng vote. Rlsk managemènt The Trust8es have considered the major risks to which the Charity is exposed and have established sultable risk manoMent and control procedures. Related party transaction8 Are discl¢)sed in Nots 20 to the financial statements. ObJKtlve and activilles Barns YcMJth Zone's objects are to help and edLKale Children and Ycng people re5Klenl in Bamsl8y and surrounding areas through their leisure time activities by promoting their fvll physical and spirrtual potential in order that thoy may gr{ to ful maturty as individuals and members of society and thgir condrtions of lrfe may improve. A¢hlov•ments durlng the porlod Having taken ownership of the building from the construction tsam in October 2025. are fulty Immersed in rUitir0 our staff team at)d designing our offer for the young people of Bamsley. A phased opening has been implemented and we have been busy WelmIng young people from schools and groups from across 8amsley to enjoy bespc4(e IOUTS and sessions in the evanings. increasing the number of attendees ag we approa¢h our opening dale in January 2026. A donation from Barnsley Metropditan Borough Councl h83 enabled us to offer free membership for all young people until March 2026, which has led to a pre4pening membership of over 1700 young Peop to date. The Founder Patron Gwnpaign. whi¢h provides a slgnlficant pre4)ortion of the operating revenue for the Youth Zone, aims lo se¢uTe a lolal of £3.9m lo support the first three years of Nnning costs of Ihe Youth Zone,. this will come from a combination of supporters al Found8r Patron {£100kl and Comerslone Patron lS1£400k). We aro moving po$Vety towards our target of securing 34 Founder Patrons, alongside other funders who have CO[r1tted lo supporting the Youth Zone. Access to our building has enabled us to give potential Founder Palrons guided tours of the Youth Zone and we are seeing a positive impact lo our ¢ampaign aims once they 8ee the fantastic fa¢blrties on ¢)ff8r lo young people. Bamsley Youth Zone enjoys th8 support of Onside Youth Zones (chanty number 112589318nd is a member of the grcwing Onside neOrk ofyouth Zones. Public benèfrt All the adivities of the Charity la5 summarised above) were undertaken to fvrther ts chaiitable puypoges for public benefft. Thfj provision of a huqhquality town centre facilty for young people responds to a clear, ongoing demand from young people. parents and wider communities for more and better places for young people to go. Although providing a service to all young people, Bamsley Youth Zone will focus on attendance and participth'on by young members across the entire community who will be able lo enjoy affordable acc&$s to all tha opportuni(ies that the facilits will provide. This will lead to improved achievements and enhanced a$piratiu)ns amongst young members of the local communty. They will be happier, healthier and make more Constructive use of their leisu lime which consequently will hel) reduce nuisanrE and antisocial behaviour. Longer lem public benefits will include improved heallh, reduced crime. enhanced learning and 6mployabilty and greater Page 4
BARNSLEY YOUTH ZONE (A Company limited by guarantee) TrUSTEES' REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 MARCH 2026 community cohesion. The Trustees of Barnsley Youth Zone believe they have complied with the duty in section 17 of the Charities Act 201110 have due regard to the publ benefit guidance published by the Charity Commission. VoluTrt••rs' contribution Throughout the peritxl all members of the Board crf Trustees male invable voluntsry eonlribulions to the Charitys work in temis of govemance. professional and business experience. financial planning, fundraising and leading initiatives across the project. Such ntributIonS were. on average, equivalent to tsvo full days each alendar month. Investment actlvltles Under the memorandum and aCleS of association". the charftable company has the power lo make any investment whh the Trustees see frt. Investments are made where required lo further the aims and objec¢8 of the Chanty. Th& Charity does not Cuffently hold any Investrnants other than cash on deposit with Handelsbanken plc. Flnanclal revlew A summary of the results is ShIn bel¢)w'. Incoming resources 6,493.672 Outgoing resources {95,018} Net incoming resources 6.398,654 The Charity is still in its early life with grants and donations being received to fund the design and construction of the Youth Zone. The Charity wntinues lo cullivale further donations to support future revenue expenses from a variety of sources as outlined above (see 'achieverrnts in the perioJ-). The Chanty had total reseNes of £7,982.691 at 31 March 2025. Reserve$ policy The Founder Patron (revenue) campoign is well underway and the TnJstees have prepared projections of the operating costs expected once the facility is fulty open. Th9 Board of Trustees of Barnsley Youth Zone ha5 established a reserves policy which apprcynatety reflects the risks lo ¥thich the Charty is exposed. On¢e the YoLrth Zone is fully operating and in compliance with such polKy, it will review gUlartY both tha sum il wishes lo hold in reseNes in the unrestricted budget and the basis for that figure. Tha reserves policy does r1 consKler expenditure which is linked to restricted projects and Iherefijre covered by restricted funds. In reviewing the potential costs that could arise th)uld a Signifint reduction in InMe be incurred, the Trustee$ have delemined that unreslrKled, Yree,, resetves should be maintained al approximal&ly 3 months running costs. This is based on the Nnning costs when the Youth Zone is fulty op&rational and is not therefore based on the expendrture in these accounts. Total reserves at 31 March 2025 were £7.982.691 of which £7.868,497 are restricted re8eNes and £114,194 ar8 unrestricted reseTVO$. £7,869,197 of totsl reserves can onty be reali5ed by disposing of fixed assets. Prlnclpal fundlng sources The Directors wish to record their thanks to all those individuals and organis8tions have made donations or pl8dged their support to the work of the Charity. We cannot overstste the importance of the FourKler Patrons who have commitled their support lo Barnsley Youlh Zone so far. In particular. as Cometslone Patroiis, ASOS who have shown incredible enthusiasm and generosity toward the project, and their invofvemenl will onw aid to the credibilty of our work. helping to draw further support from the local business and philanthropic wmmunty- Page S
BARNSLEY YOUTH ZONE {A company Ilmllod by guaranteo) TRUSTEES, REPORT ICONTINUEDI FOR THE PERIOD ENDED 31 MARCH 202S Future plans As we are now In the building. we have implemented a phased opening programme of delivery with a limited but ste&Jily In¢rea¥ing number of invited young peeple in the building. Th1$ approach supports the training need5 of our increasing staff provision, wlth the aim of a¢hVIng a fvll Staff Complement by the official opening date in January 2026. We are also ready to launch the voluntegr recruitment campaign arKI hop8 to achieve over fvlenty regukr volunteers by January and increase this numbgr over lime, as suitable volunteering OPPCrtunithes are identified. At the same time th6 ¢ampaign will eontinuè to grow the Youth Zone's family of Founder Patrons with a target of ensuring that the Youth Zonos first three years of running ¢osl$ are fvlly fvnded. Barnsley Youth Zone already benefrts from a Board of experienced and commiited Trustees, with portfolios lor finance. leyal, safeguarding, people. partnerships and markets'ng in place, alongSe the fundraising and audit and risk committees. providing effective governan. oversight and support &ro88 the full spectrum of Youth Zone ¢)peralions and aclivilie$. The financial statements have been prepared on a going concem basis, as the trustees believe there are no material uncertainties regarding the charitys abilty to continue operating_ The campaign to secure funding for the ongoing operation of the Youth Zone continues al pace. Stat•m8nt of TrnstO08' 1osponslblll¢l The Trustees {wF#) are also the directors of the Company for the purpos8s of company Lawl are responsible for preparing the Trustees, report and the financial statements in accordance wlh applicable law and UnTted Kingdom AccrntIng Stand8rd8 (United Kingdom Generalty Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for e&h financial period. Under company law. the Trustees must not approve the financial Slalements unless they aré satisfÈd that they give a true and fair vithv of the slate of affairs of the Company and of ils incoming resources and application of resources, including rts income end expenditure, for that period. In preparing these finanGial siatements, the TTUStees are required to.. selèct suitable accounting policies and then apply them consistentty.. observe the methods and principles of the Charilie5 SORP {FRS 102}". makejudgments and 4¢¢0unting estimates that are reasonable and prudent,. State whether applicable UK Accounting Standards (FRS 102} have been followed. 8ubjecl to any material departures disclosed and explained in the financiBI statements., prepare the financial Statements on the going concem basis unless it is inappropriate to presume th81 the Company will continue in busines8. The Trustees are responsible for keeping adequate accounting records th81 are sufftient to show and 8xplain the Companls transactions and disclose with reasonable accuracy at any time the financial posf(ion of the Company and enable them to ensure that the financial 8tatement8 comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and det¢d)n of fraud and other irrggularities. Dixlosure of Infomiation to audltor Each of the persons who are Trustees at the time when this Tru8tegs' report is approved has confirmed that.. 80 far as that Trustee 1$ awarè. there Is no relevant audit infomiation of which the charitys auditor is unaware. and that TnJ$lee has tsken all the steps that ought to have been taken as a Trustee in order to be awar& of any retevanl audit informat*)n and lo establish that the chartys auditor is aware of that information. Page 6
BARNSLEY YOUTH ZONE IA company Ilmlted by guarantee) TRUSTEES. REPORT {cO1lNUED) FOR THE PERIOD ENDED 31 MAKH 2025 Auditor The auditor. Crowe U.K. LLP, has indicated his villingness to continue in office. The designated Truste8s wll propose a motion reappointtng the auditor at a meeting ofthe TNstee$. Approved by order of the membgr$ of the board of Trustees and signed on their behaw by.. Date.. 22 December 2025 P487
BARNSLEY YOUTH ZONE (A Gompany limit•d by guaranto91 INDEPENDENT AUDITOR'S REPORT TO THE MEIABERS OF BARNSLEY YOUTH ZONE Opinion We have audited th& financk?I statements of Bamsley Ycth Zone Ohe'chantablg company) for the period ended 31 March 2025 which comprise the Statement of financial aetivities, Balance sheet and the related notes, induding a summary of signTficant accounting policie8. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards. Including Financial Reporting standard 102 Th8 Financial Reporting Slandafd applicable in the UK RepubliG of Ireland, (Unbted Kingdom Generally Accepted ACntIng Pracli¢e}. In our opinion the finarKial statements= give a true and fair view of the state of the char5table company's affairs a5 at 31 Mareh 2025 and of its incoming resources and application of resources, including its income and expenditure for the period then ended.. have been proparfy prepared in accordance wbth United Kingd Generally Accepted Accounting Practice,. and have been prgpargd in accordance wth the requira))ents of the Charities Act 2011. Basls for opinton Wè conducted our audit in accordance with International StarKlards on Auditing IUKI {ISAs IUKII and applicable law. Our responsibilities under those standards are further described in the Aud(torfs responsibilrties for the audit of the financial slalements section of our report. We are independent of the eharilable Company in accordance th the ethical reqU1Ments that are relevant to our audit of tha financial statements in the United Kingdom, including th8 Financial Reporting Council'8 Ethul Standard, and we have fulfilled our other ethical responsibilities in accordance wf(h these requirements. We bel*ve Ihat the audit eidence we have obtained is sufficient and appropriate lo provhde a bosis for our opinion. Conclusion5 relating to going ¢on¢ern In auditing the financial statements. we have wncluded that the Tru8tee8' Use of the going concern basis of accounting in the preparation of the financial 8lalements is appropriate. Based on the WO we have perfome(I, we have not idonlrfied any material uncertainties relating to ev8nts or conditions that. individually or collectNely, mey cast signfficant doubt on the charitable compan$ abilty to continue as a going concem for a period of at least Iwefve month5 from when th6 financi81 statements are authorised for issue. Our responsibilrtEs and the responsibilities of the Trustees Mlh respect to going concem are described in the relevant sectKJns of this report. Page 8
BARNSLEY YOUTH ZONE (A compny limitod by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BARNSLEY YoiifH ZONE {CONTINUED) Other infomiation The other infomation comprtses the Infomlation included in Ihe Annual report other than the financial statements and our Audbtorfs report thereon. The Trustees are responsibl8 for the other informalion contained wthin the Annual report. Our opinion on the financial slalemenls dogs not cover the other information and, except to the extent otherwise explicitty slated in our report, we do not express any form of assuranc8 conclusion theon. Our responsibilty 15 to md the other infefmation and. in doing so, consider wholhgr the other information is materially inconsistent with the financial slalemenls or our knchyledge obtained in the course of the audit, or otheise appears lo be malerialty misslaled. If we identfy such material inconsistencies of apparent material mi88tatements, we are required to detemiine whgthgr this gives rise to a material misslalemenl in the financial slalements Ihern5elve5. If. based on the work we have perfomied, we conclu¢Jo that there is a material misstatement of this other information. we are required to report that fact. We have nothing lo report in this regard. Matters on whkh we ar• r•qulr•d to r•port by •XpIlOTr We have nothing lo report in respect of the following matters where the Charitie$ IAG¢ounls and Reports} Regulations 2008 requires us to repc<( to you if, in our opinion- the infermation gIn in tho TIuste. report is in¢on$i$tenl in any material Tespect wtth Ihe finan¢i81 statements: or sufficient accounllng records have ncl been kept., or the financial statements are not in agreement with the accounting r013 and relum$- or we have not reIved al the infomation aTrJ explanat)n$ we require for our audit. Rgsponslbllttlos of trusto0s As explained more fully in the Trustees. responsibilities s&eMent. the Twslees (%tho are also the directors ofthe charitable company for the purposes of company lawl are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such intemal control as the Trustees delerTnine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial slalements. Ihe Trustee8 are Rsponsible for as8888ing the charitable company's abilty to continue as 8 going concern, disclosing, as aPpIable, matters related to going concem and using the going concem basis of accounting unless the Trustees erther intend to liquidate the charitable cempany or lo cease OP8rations, or have no realistK altemalive bul to do $0. Page 9
BARNSLEY YOUTH ZONE {A Company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BARNSLEY YOUTH ZONE {¢ONTINUEO} Auditorfs responsibilities for the audit of th? financial $tat•monts We have been appoinbl as audttor under section 144 of the Ch8r¢tles Act 2011 and report in accordance with the Act and relevant reguktions made or having elfeGt Ihereunder. Our objectives are to obtain reasonable assuran¢e about whether the financial statements as a whole are free from material misstatement. whether due to fra or error, and lo issue an Auditors report that irKludo$ our opinion. R&8sonable assurance is a hYJh level of assurance, but is not a guarantee that an audit conducted in accordanee with ISAS (UK} wlll 8y5 deteet a materlal mlsstatemenl when tt exlsts. Mi8Stalements can arise from fraud or error are considered material rf. 1ndiwdua1 or in the aggregate. they could reasonabty be 8XP@d8d lo influence the 8conomic decisions of users tak&n on th8 basis of these financial statements. Irregularits'e$, wicluding fraud. are instances of norKompliance with laws and regulations. We design wocedures in line with our respon8ibilities. outlined above. lo delecl material misststements in respect of irregularities. Including fraud. The exlent to vA)ich our procedures are cap8ble of detecting irregularitw. indLKliw fraud is detsiled bebw.. W8 obtainfjd an und8rstanding of the legal and ragulatory framgvths within which th8 company operates, focusing on thos& laws and rggulations that havg a dirgct effgct on the determination of material amounts and disclosures in the financial slatements. The laws and regulations we considered in this context were the Companies Acl 2006, Charities Act 2011 and employment tax legislation. We identified areas of laws and wulalions that Gould reasonably bo expe to hav¢ a mat¢tial effect the financial slalements from our sector experience, through discussion with the Directors, and from inspection of the Companys board minutes andlfrgal and regulalgry ¢orrespondgn¢e. We discussed the policEs ar procedures regarding compliance with laws and regulations with the Chief Executive Officer, We assessed the suscepts'bll'ty of the financlal statements lo materHI misstatement, includlng how fraud might occur, by meeting with managernenl from relevant parts of the business to understand where management considered there was a susceptibility to fraud. We also considered the potential for management lo manage earnings and influence the perceptions of the financial statements. We identified the greatest risk of male¥ial impact on the financial 8tatements from irregularities, including fraud, to be the override of controls by management and completeness of income through the timing of recognition of in¢ome. Audit procedures performed by the engagerrnt team included.. EVaallOn of the design d contrcls established to oddre$s the risk$ related lo ml6rial irregularit*s in thè financial slatemenls., testing manual joumal entries, in parkncularjournal gnlries relatin91o management estsmates and entries detemiined lo be large or relating lo non-routine transactions. Evaluation of income recognr¢ion policies and any judgements made around income reccgnition,. revmiing the income system for significant deficiencies or suseeptibilily to fraud., Making enquiries of management-, Review of minutes of board mèelNigs throughoLrt the period.. Our audit proc8dur6s were designed to respond lo risks of material misstalemenl in the financial statements. recognisiro that the risk of not detecting a material misstatement due to fraud is higher than the risk of not etecting one resulling from error, as fraud may invofve deliberate concealment by, for example, forgery, misrepresentations or through collusion. There are inherent limitatiorbs in the audit procodures performed and the further Temoved non<ompliance Mlh laws and regulalions is from the events and transactions reflected in the financial statements, Ihe less likety we are lo become aware of it. Pago 10
BARNSLEY YOUTH ZONE IA company Ilmlted by guarantsel INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BARNSLEY YOUTH ZONE ICONTINueD} Owing to the inherent limitations of an aLtdil, there is an unavoidable risk that we may not have detected some material mi$$ts1gments in thg financial ststements, even though we have properfy planned and performed our audit in acrdanCe wrth auditing standards. We aTe not re$ponsible for preventing non40mpliance and cannot be expected to detect nonv¢omplian¢e with all laws and r8gutations. These inherant limitations are particulr significant in the case of misslalement resulting from fraud as this may involve sophisticated schemes designed lo avoid detèction. including deliberate failure to record transactions. collusion or the provision of Intential misrepresentation5. A further description of our responsibilrties for the oudit of the financial statements Is located on the Financkgl R&porting Council's website at." www.froo -uklaudilorsrès onsibilities. This desciiption lomis part of our Auditof s report. U5• of our report This pOrt 1$ made solely to the eharrtable eompanY8 trustees. as a body, in accordance with Part 4 of the Charili&s {Accounts and Reports) Regulations 2008. Our audft work has been undertaken so that we might state lo the charitable company's trustees those matters we are required to slate to them in an Audrtorfs report and for no other purpose. To the fullest extent wrmitted by kw. wg do not ept or assume responsibilty to anyone other than the charitable company and its members, as a body. our audit work, for this report, or for the opinK)ns we have formed. Vi¢ky Szulbst ststutory Auditor 3rd floor St Georges HoLJSe. 56 Peter St, Manehesler M2 3NQ 23rd December 2025 Crowe U.K. LLP are eligible to act as auditors in temis of section 1212 ofthe Companies Act 2006. Pag011
BARNSLEY YOUTH ZONE IA ¢ompany limitsd by guaranleèl STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUN FOR THE PERIOD ENDED 31 MARCH 2025 Unr8strict8d funds 2025 R8strict8d funds 2025 Total funds 2025 Total fvnds 2024 Nole Income from: Donations and legacies Investments 200,000 429 6.293.243 6.493,243 429 1,626,579 Total Income 200.429 6.293.243 6.493,672 1,626,579 Expendlture on: Raising funds Charitable xtNities 1.038 41,504 95.018 95.018 Total oxpgnditur• 96.018 95.018 42,542 14gt movomgllt In fund5 105,411 6.293.243 6.398,654 1,584,037 Rgconclllatlon of funds: Total funds brought forward Net movement in funds 8,783 105,411 1,575,254 6,293,243 1,584.037 6,398,654 1,584,037 Ti>tal funds carri•d forward 114,194 7,868,497 7,982.691 1,584,037 The Statement of Financial ACtniitS includes all gains and losses recognised in the period. The note5 on pages 15 lo 29 fonn part ofthese financtal slal8Thnts. P4e12
BARNSLEY YOUTH ZONE IA company limited by guarantee) REGISTERED NUMBER.. 14949579 BALANCE SHEET AS AT 31 MARCH 2026 31 March 2025 30 June 2024 Note Fix•d a$ts Tangible assets 12 7,869,197 1.575,254 7,869.197 1,575,254 Currgnt assgts Debtors Cash at bank and in hand 13 1.298.008 1,633,382 1,633,382 1.298,008 Current liabillties Creditors.. amounts falling due wilhin one 14 {1.519.8881 (1,289,225) Nèt currnnt a$ts 113.494 8. 783 Tot•1 assots less ¢urrnnt liabilitios 7,982.691 1.584,037 Net a8sets excludlng penslon a88èt 7*2.691 1,584,037 Total net assets 7.982.691 1.584.037 Charfty fundg RestrKted fvnds Unrestricted funds 16 16 7,868,497 114.194 1.575,254 8, 783 Total funds 7,982.691 1,584,037 The entty was entitled lo exemption from audit undor sect 47T of the Conyanigs Act 2006. The members have not requi the entty to obtsin an audit for Ihe period in question in accordance with 8tion 476 of the Companie8 Act 2006. Howovgr. an audit is rgquirod in accordan wth saclton 144 of the Charities Act 2011. The Trustees acknowledge their responsl)ilrties for complying with the requirements of the Act wf(h respect lo acGounting records and preparation of financial 8tata))ent8. The financial statements have been prepared in a¢Mrdance with the provisions applicable to entities subject lo the small companies regime. Pag8 13
BARNSLEY YOUTH ZONE IA company Ilmlted by guarantee REGISTERED NUMBEFL. 14949579 BALANCE SHEET ICONTINUEDI AS AT 31 MARCH 2025 The financiaj statements were approved and authorised for issue by the Trustees and signed on tr*ir behalf by. Lang Dat& 22 December 2025 The notes on pages 15 to 29 fomi part of thes8 financial statements. Page 14
BARNSLEY YOUTH ZONE IA company 11m1t by guarantso) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 General Infomiatlon Bamsley Youth Zone Is a eompany l#niled by guarantee incorporated in England and Walas. Th8 members of the company are the Trustees named on page l. In Ihe event of the company being Wrnd up. the liability in respect of the guarantee is limited to £10 per member of the Mpany. The address of registered office is Suite Ge Alria, Spa Road, BoOn, UK, BL14AG. A¢countlng poll¢l8S 2.1 Basls of proparatlon of flnanclal statemgnts The finaneial statements have been prepared in accordance with the Charrties SORP {FRS 1021- Accounting and Reporting by Chan1$.. Statement of Recommended Practice applicable to ¢haritE$ Preparing their accounts in xcordance w(th the Financial Reporting Standard applicable in tho UK and Republic ot Ireland IFRS 1021 (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 20C6. The Compsnys functional and presentation81 currency is Sterling. Bamsley Youth Zone meets the definition of a Publ benefrt enlty undèr FRS 102. Assets and liabilities are initially recognised at historical cost or transadion value unless othernise stated in the relevant OUntIng p)IY. Assets and liabilites are instralty rewnised at histodc81 cost or transaction value unless Othetwise stated in the relevant UntIng policy. 12 130ing con¢•rn The financial statements have been prepared on a going eoncem basis, as the trustees believe there are no material urKertainties regarding the charity's abilty to continue operating. The ¢ampatqn to secure funding for the ongoing operation of the Youth Zone is also well underway, with some funding already secured. To maximise the success of this campatgn, the trustees have implemented a phased opening of the Youth Zone. In assessing the ch8rty$ ability to continue as a going concern, the trustees have rewewed the level of fvnds held and the projected income and expendilure for the 12 months following the aulh0ri5afion of these financial ststements. The budgeted income and gxp8ndituro. along with the level of reserves and cashll¢)w. provkle sufficient resourees for the charity lo continue operating as a going tAJncem. Page 15
BARNSLEY YOUTH ZONE (A company limil•d by guarant•el NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Accountlng pollcies (continu) 2.3 Income All income is included in the Statement of Finanal Activities (SOFA) once the company has entitlement lo the income, after any performance conditions have been mel. it is probable Ihal the income will be received. and the amount of income receivable can be mea$ur¢d reliably. For donations to be recognised the charity wll have been nolffied of the amounts and the settlement dale in writing. If there are any conditions attached to the donation and this require5 a kvel of perfom)anc8 b8fore entiuement can be obtained, then income is deferred until those conditions are fully met OT the fulfilment of those conditions is within the conlrol of the charity and it is probable that theywill be fulfilled. Gifts in kind donated for dislributron are inclLJed al valuation a1 recognised as income when they are dislribLrted to the projects. Gifts donated for re8ale are included as income when they are 801d. Doneted facilities are included al the value lo the company where thi8 can be quantrfied and a third party is bearing the cost. No amounts are included in the financial statements for setvices donated by volunteers. Donated services or facilities are recognised when the company has control over the f(em. any conditions assoaated wtih the donated item have been mel, the receipt of economic benefrt from the use of the MpanY of the rtem is probable and that economic benefrt can be measured reliably. On receipt, donated professional services and donated f111e$ are recognksed on the basis of the value of the grt to the company which 1$ the amount the company would havé been willing lo pay to obtain Services or facil(ties of equivalent economic benefrt on the open maTkel,' a corresponding amount is then reccJnised in expendf(ure in the period of recepL Inme from trading ath'vities includes income &amed from fu1raisIng events and trading actiwlie5 to raise funds for the charity. Income 1$ receNed in exchange for supplwng goods and seNiees in order lo raise funds and is recognised when entrtlement has oceurred. Income tax recoverdble in relation lo donath)n5 receNed under Grft or deeds of covenant is recognised at the time of the donation. Income tax racov8rabl8 in latIon to investsnent income is recc4nised al the time the investment inc(xne is recewable. Page 16
BARNSLEY YOIJTH ZONE IA company limit•d by guarant••} NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Accountlng pollcles Icontlnuedl 2.4 Expendltur• All expenditure is accounted for on an accru81s ba818 and ha8 been classffied under heading$ that aggregate all $ts related to the category. Expenditure 15 recognised once there 'is a legal or conslfuctive obligatK)n to transfer economic benefrt to a third paty, rt 1$ probable that a transfer of economie benefrts wll be required in settlement and the amount of the obligation can be measured reliabty. Expendrture is classified by activity. The costs of each activty are made up of the lotsl of direct costs and shared c05t8, including support costs invobjed in undertaking each acts'vity. Direct costs attributoble lo a single actiwty are allocated directly lo that activty. Shared costs which contribute lo moro than one activity and support ClS which are 1 attributable lo a single aclwity a apportioned between those activrties on a basis consistent with Ihfr use of resouree$. Central staff costs are all¢)cated on the basis of time spent. and deprecption dwrges alocated on the portion of the asseys use. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of dissemin81iny infomiation in support of the chantsble activities. Support Costs are those Costs incurred directly in support of expenditure on the objects of the company. Costs of generating funds are costs incurred in attracting voluntary income. and those incurred in trading actwities that raise funds. Charitable adivities and Governance costs are costs incurred on th8 companys charitable operations. including support Costs and costs relating to the govemance of the wmpany apportioned to charrtabte aCtilIeS Expenditure on charitabte activities is incurred on dir8Ctty undertakin9 the adivilies which further the CompanYs objectives, as wo11 as any associated support costs. 2.$ Grants Government grants relating to tangible fixed assets are treated 8$ deferred income and released lo the Statement of financial activities upon the compl8lion of the revant pèrlorman¢e4elated conditions. Other grants thal are not subject to perfomwnce-related condftions are credf(ed to the Statement of finan¢ial activities as the grant proceeds are reNlI. Grants received prior to the revenue recognition crilerrd being Satisfied are ee•Jnised as a lbIlty. 2.6 Interest re¢efvablo Interest on funds held ¢)n deposit is included when receivable and the amount can be messured reliably by the company., this is normally upon notific*ion of thg interest paid or payable by the Bank. 2.7 Taxallon The Company is Gonsidered to pass the le$ls set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it me8ts the definition of a Charitab company for UK rporatIOn tax purposes. Accordingly, the Company is polentialty exempt from taxation in respect of income er capitsl gains received wrthin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or SeclK)n 256 of the Taxaln of Ch8rgeable Gains Act 1992, to the extent that such income or gains are applied eXcluselY to charitable purposes. Page 17
BARNSLEY YOUTH ZONE (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 Ac¢ounllng pollcieg {¢ontlnued} 2.8 Tanglble flxed assets and depreclatlon Tangibb fixed assets Gosling £NIL or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured rdiabty. Tangible fjxed assets are initially recognised al Cost. After reccgnilion, under the cost model, tangible fixed as5els are measured al cost less accumulated depreciation and any accumulated impairment losse$. All ¢osl$ incurred lo bring a tangible fixed asset into rts intended working condition should be inGluded in the mea5urgmgnt of cost. Depreciation charged so as to allocsle the cost of tarvjible ed assets less their rtsidual value over their estimated useful INes. on a reducing balance basis. Depreciation is provideil on tho foltowing basis: Fixtures and fittings A89el$ under construction 25% Reductng balance The propety is currentty under construction and will not be depreciated until construction has been compbted. 2.9 Dgbtors Trade and olher debtors are recognised al the 8ettlemenl amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.10 Cash al bank and In hand Cash al bank and in hand includes cash and shcrt-lenn highty liiuid investments with a short matunty of three months or less from the dale of acquisition or opening of the deposrt or similar account. 111 Li•biliti08 and provitsitins Liabilitie$ are re¢ognisfjd when there is an obligation at the Balance sheel dae as a result of a past event, fÉ is prcbable that a transfer of economi¢ benefft will be required in Settlement, and the amount of the settlement can be estimated reliably. Liabilities aro recognised at the amount that the CLxnpafiy anticlpats$ it will pay to settle Ihe debt or the amount it has received as advanced payments for the g¢))ds or ServIS il must provide. Provislons are measured al the best estimate of tha amounts required to settl8 th8 obligation. Where the effect of the lime value of money is material. the provision is based on the presenl value of those amounts, discounted al the pre-tax discount rate that refiecls the risks specrfic lo the liabilty. The unwinding of the discount is recognised in the Slalement of financi81 activities as a finance cost. 2.12 Financial instruments The Company lxly has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initialty recognised at transaction value and subsequently measured at their Settment value with the exception of bank anS whith are subsequonlly measured al amortised ¢¢$1 using the offedive interest method. Page 18
BARNSLEY YOLrrH ZONE IA company Ilmiled by guarantsel NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 Accounting policies (continued) 2.13 P•nsion¥ The Company operates a defined contribution pension heme and the pension ¢harge represents the amounts payable by the Company to the fund in respect of the period. 2.14 Fund x¢ouTrting General funds are unlestrled funds whKh are avaiLqble for use at the discretion of the Trustees in furtherance of the general objectives of the Company ar¥J which have not been designated for olhgr purposas. Restrided funds are fund$ whith are to be used in ardance with $pecrfi¢ rèstrictions imposed by donors or which h8ve been raised by the Company for particular pijrposes. The costs of raising and administering such funds are charged against the specffic fund. The aim and use of each restricted nd is set out in the notes to the financial statement$. Invo$trn&nl incom. gains and108sgs are albcated to the appropriate fvnd. Crftlcal accountlng 68tlmat68 and arèas ofjudgmenl The preparation of these fin¢181 statements require certain judgements, estimates and assumptions that affect the reported amounts of assets, liabilities, income and expenses. Estimates and judgements are continually evaluated and are based on historical eXpernCe and olher factors, includin9 expectations of future events that are believed lo be reasonable under the circumstances. Critical accounting estimates and assumptions.. The Trustees have deternined that this year there are no 8ignfficant eslimales 0rludgents. Income from donatlons and l•ga¢i•s Unrestricted Restricted lunds funds 2025 2025 Total funds 202S Donations 21)0,000 8,293,243 6A93,243 Page 19
BARNSLEY YoiJfH ZONE IA Company Ilmlted by guaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 In¢omo from donations and legacles {contlnued Unreslriclgd funds 2024 Restiict8d funds 2024 Tol81 funds 2024 Donat$ Grants 51,325 1,326,590 248,664 1,377.915 248,664 51,325 1,574254 1.626,579 Inveslmont income Unrestrlctsd funds 2025 Total lund$ 2025 Total funds 2024 Interest income 429 Expendiiure ¢)n raising funds Costs of ralslng voluntary Incom• Total funds 2025 Merchandise Page 20
BARNSLEY YOLrrH ZONE IA Company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 Expondbture on raising funds {contiftu•dl Costs of ralslng voluntary Income (¢onilnued) UnTrslncled funds 2024 Totsl funds 2024 Merchandi$e 1,038 1,038 Analysis of exponditurn on charitable actlvltlos Summary by fund ty Unrostricted funds 2025 Total 2025 Young Pecyle 95,018 95.018 Unrestricted funds 2024 Total 2024 Young Pecyle 41,504 4t, Page21
BARNSLEY YOUTH ZONE (A company Ilmlled by guarantse) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2026 Anatysls of exndItur• by aclMtI•s Support Costs 2025 Total tunds 2025 Young Peop18 95,018 95,018 Support costs 2024 Tolal funds 2024 Young People 4t,504 41,5 Analysis of support Costs Total funds 2025 Activities 2026 Wages and Salaries Other 8tsff costs Office Costs Audrtors fees Subscriptions Insurance Consultancy fees Marf(eling & Comms 58,864 6,439 4,697 8,320 35 6.439 4.697 8.320 35 1,539 1,539 9,984 5,140 6,140 95,018 95.018 Page 22
BARNSLEY YOUTH ZONE {A Company limited by guaianteel NOTES TO THE FINANCIAL STATEhlENTS FOR THE PERIOD ENDED 31 MARCH 2025 Analysls of expendIre by activltlm Iconlinued) Analysis of support costs {contlnued) Total funds 2024 Adwrfies 2024 Staff costs Pension co818 Other staff co818 Office eosls Auditors fees Subscriptions Insurance fees 12,769 12. 769 288 18, 184 1,473 8,320 238 18, 184 1,4T3 8.320 238 232 47.504 41,504 Audltorfs remuneratlon 2025 2024 Fees payable lo the Companws auditor for the audit ofthg Companls annual accounts 7,350 Fees payabb to the cOmp¥S auditor In respect of., All non-audit seNees not included al>ove 1,320 10. Staff costs 2025 2024 Wages and salaries sla1 security costs Contribution to defined contrt)ution pension schemès 55,875 1,740 1.249 12,769 12,769 Page 23
BARNSLEY YOUTH ZONE IA ¢ompany Ilmlted by guarantse> NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 10. Staff costs (continuod) The average number of persons employed by tha Company during the peritrl was as folb)w$.' 2025 No. 2024 No. Administralion No employee re1Ved remuneration anounling to rrv)re than £60,000 in eilhor yoar. The aggregate remuneration of the Key Management Personnel. totalled £45,000 {2024.. £13.05n. Key management personnel are considered lo be the Chief Executive. 11. Trustsos. rgmun?ratlon and exp$0$ During Ihe period. no Trustees received any remuneratKJn or other benefits (2024- £NIL). During the period ended 31 March 2025, no Trustee expgn5es have been incurred (2024 - £NILJ. 12. Tanglbl• flx•d assets FtureS and under Ilttlngs constructlon Totsl Cost or valuation Al 1 Juty 2024 AdditK)ns 1.576,254 6,293.244 1,575,254 6,293,943 Al 31 March 2025 7,868,498 7,809,197 N•t book value At 31 March 2025 699 7,868A98 7,869,197 At 30 J(me 2024 1.575,254 7,575,251 Bamsley Youth Zone has entered into a 125 year lease with Bamsley Melropolilan Borough Concil to lease the land on which the buildin9 is being constructed. Pag• 24
BARNSLEY Yoimi ZONE (A company limit by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDEO 31 MARCH 202S 13. D•btors 31 MarGh 2025 30 June 2024 Duo within ono yr Other debtors 1,298,008 1,298,008 14. Crodltors.. Amounts falllng due wlthln one yur 31 Mah 2025 30 June 2024 Trade ¢redrtors Other taxaln and scaal securty Other ¢reditor8 28.798 2,073 8,079 1.480.938 1,058 53,806 1,234,361 Accruals and deferred income 1.519.888 1.289,225 15. Flnanclal Inslrumgnts 31 March 2025 30 June 2Q24 Financlal assets Finaneial assets measured at amortised cost 1,633,382 1,298,008 31 March 2025 30 Jun8 2024 Financial liabilitigs other financial liabilities measured at amortise(J cost 2.591 54,864 Financial assets measured * amorb'sed cost Comprise other dabloTS. other financial liabilities measured al amortised wsl Comprise olher creditors. Page 25
BARNSLEY YOUTH ZONE IA MpanY limited by guarantèè) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 16. Statement of funds Statement of fund8- current period Balance at 31 March 2025 Balan¢• at 1 July 2024 Income Expendlturo Unrestrlcl•d funds GeneRI Fund$ 8,783 2Ix),429 195,0181 114,194 Rèstrlcted funds Barnsley Metropolitan Borough Council ASOS Foundation BP PIC Garfield Western Foundatlon Bramall Family Foundation 248,664 290,250 330,016 706.324 4,620.541 445,125 4,869,205 736,375 330.016 1,006.324 927,$71 300.000 927.577 1.676.254 6,293,243 7.868A97 Total of funds 1.584.037 6N93,672 (95,0181 7,982.691 All restricted funds reialed lo amounts received for nStrUctIng the Youth Zone. Pagg 26
BARNSLEY YOUTH ZONE (A company Ilmltsd by guarants61 NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 16. Statement of fvnds {contlnuedl Statement of funds- prior period B81ance at 30 June 2024 In¢ome Expenthtu Unrestrlcted funds General Funds 51,325 (42,542J 8. T83 Restrictod funds Bamsley M8lropolitan Borough Council ASOS Foundation BP PIC Garfield We$lern Found*ion 248,664 290,250 330,016 706.324 248.664 290,2XI 330,016 706,324 1,57&254 1,575,254 Total of funds 1,626,579 (42,542) 7,584,037 17. Summary of funds Summary of fvnds- Current poriod Balance at 31 Mar¢h 2025 Balancè at 1 July 2024 Income Expondlture General frjnds Restricted funds 8,783 1.575.254 200,429 6.293.243 196,0181 114.194 7,868,497 1.$84,037 6.493.672 195,0181 7.982.691 Pag8 27
BARNSLEY YOUTH ZONE IA company Ilmlted by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 17. Summary of funds {contlnued} Summary offunds. prfor perlod Balan st 30 June 2024 Income Expenditu General funds Rgslrirtod fvnd$ 51,325 1.575254 142,542) 1,57&254 1,626,579 (42,542) 1,584.037 18. Analysis of not assats b8tw8on funds Analysis of n•t assets belwe•n funds- current perlod Unrestricted Restrl¢ted funds funds 31 Mah 31 March 2026 2026 Total tunds 31 March 2025 Tangible fixed assets Current assets Creditors due wllhln one year 7,869.197 7,869,197 154,678 1,478,704 1.633.382 {40,4841 11,479,404) 11.519.888) Total 114,194 7,868.497 7,982.691 Anatysls of net assets between fund$- prior period Unreslricled funds 30 June 2024 Restricted Endowmenl funds funds 30 June 30 June 2024 2024 Tolal funds 30 June 2024 Tangible fixed a8sels Current assets Creditors due within one year 1,57&254 1.226,041 (1,226,041) t,575,254 71,967 1,298,008 (63, 184J (1.289.225) Total 1,575,254 8. 783 1,584,03T Page 28
BARNSLEY YOUTH ZONE IA mPaThY limited by guaranta•) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2025 19. Capitsl commitments 31 March 2025 30 June 2024 Contractod for but not provldgd In Iheso fin•nGial statements Acquisition of tangible frAed assets 2.014.364 7,948.950 Capital ccfflmitmenls wil be funded via grants from Bamsley Council. 20. P•nslon ¢ommitments The company operates a defined contribution pension scheme. The assets of the stheme are held separalety from those of the company in an independonlty administr8T8d fund. The pension cost charge represents contributions payable by the company lo the fund and amounted to £1,24912024.. £2881. There was £51812024.. £257) of outstandirkg employer penston eontribulions al 31 March 2025. 21. Rèlat party transactlons D Barton, who is a director of Barnsley Youth Zone, is a member of the key managoment personnel of Onside. During the period to 31 March 2025. Barnsley Youth Zone Ltd paid £223,71312024'. £371,311) to Onside by way of a Project Sejvices fee. This fee 1$ charged in relation to Onside's responsibilty for the development and delivery of all aspects of Barnsley YoLrth Zone including,. fundraising. planning, on5truction and fil out of the building, development of partnerships and communty engagement. Tecruilment and trwning of staff volunteers and securing the first 3 years of revenue funding. Bamsley Youlh Zone has enter1 into a 125 year lease wlh Barns Metropolilan Borough Council to lease the land on which the Youth Zone building is being constfucted. Bamsley Youth Zone has not been tharged any rent in the period to 31 March 2025. Barnsley Metropolitan Borough Council is deemed 8 related party due lo T Cave being a Councillor with Bamsley Metropolitan Borough Counryl.. Page 29